More than 150,000 Ukrzaliznytsia employees to get pay rise from Sept. 1 – infrastructure ministry
Ukrzaliznytsia JSC plans to raise salaries by 10-15% from Sept.
The Ukrainian infrastructure ministry announced on Friday that over 150,000 Ukrzaliznytsia railway employees will receive a pay rise from September 1, with the increase ranging between 10-15%. Railway Minister Mykola Kalashnyk revealed that the primary beneficiaries of the salary boost will be workers involved in repairing locomotives, restoring damaged infrastructure, and maintaining train services.
This decision follows discussions with railway workers and other stakeholders. The ministry is also looking to index Ukrzaliznytsia's freight tariffs, with the next pay rise set for January 1, 2027. Kalashnyk emphasized the importance of supporting the railway's personnel, infrastructure repairs, and recovery efforts following Russian attacks.
The changes to freight rail tariffs, effective from August 1, include a 30% indexation and unified tariffs for empty railcars. In January, Ukrzaliznytsia opted out of paying $45 million in coupons on its 2026 and 2028 eurobonds, citing declining freight revenues and intensified attacks on the railway as the reasons for halting eurobond debt servicing.
The company's revenue dropped 15.6% in 2025 to $2.189 billion, while EBITDA fell 30.2% to $293 million, with budget support accounting for $270 million. The ministry said that Ukrzaliznytsia will inform employees about the specifics of the pay increase soon.
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